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Signature(s)

Amount
€ 18,500,000
Countries
Sector(s)
Burkina Faso : € 18,500,000
Water, sewerage : € 18,500,000
Signature date(s)
3/07/2008 : € 18,500,000
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Summary sheet

Release date
26 November 2007
Status
Reference
Signed | 03/07/2008
20070198
Project name
Promoter - financial intermediary
Ouagadougou Drinking Water Supply II
ONEA (Office National de l'Eau et de l'Assainissement), a State-owned company managing 42 water supply systems in urban and semi-urban centres in Burkina Faso.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 18.5m.
EUR 61.3m.
Location
Sector(s)
Description
Objectives

Extension of the drinking water production, supply and distribution network serving the conurbation of Ouagadougou from the Ziga dam.

The project will contribute to the implementation of the investment programme required to achieve the Millennium Development Goals, thus helping to reduce poverty and improve the living conditions of the local population.

Environmental aspects
Procurement

has already been conducted. Burkina Faso's Environment Ministry has signalled its agreement to implementation of the project. An environmental management plan will have to be submitted by ONEA.

The procurement procedures applied by ONEA meet international standards for similar projects. The works have been divided into nine lots, which will be put out to international tender in keeping with the Bank's eligibility criteria.

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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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